Residences 16

Completed|121 units · 1 building

Residences 16 is a completed development by DUBAI HOLDING (L.L.C) in Mohammed Bin Rashid City, comprising 121 registered units. 168 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,244 per sqft. At AED 2,244 per sqft, Residences 16 prices 14% above the Mohammed Bin Rashid City median of AED 1,965 per sqft on registered sales.

PIX© price · ↑23.6% YoY

1.99MAED

Typical

2,244AED

PSF

Gross yield

5.8%

PIX© rent ÷ PIX© price

Sale records

168

DLD · all time

Rent contracts

140

Ejari · all time

SATELLITE

LocationMohammed Bin Rashid City

Drive times · typical

Downtown Dubai13 min · 7.8 km

DXB Airport19 min · 20.6 km

DIFC18 min · 11.8 km

Dubai Marina25 min · 23.3 km

Palm Jumeirah26 min · 25.6 km

Nearest · straight-line

Metro stationBusiness Bay4.6 km

MallBharatSouq1.4 km

Schoolمشروع البر لتحفيظ القرآن الكريم - فرع الذكور1.2 km

HospitalEverwell1 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on g

…

1 Bed on G, Residences 16

Size
Record: Feb 2019 to Sep 2026
Owners: 3
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
4Tenant 4	1 Sep 2026		Owner 3
3Tenant 3	1 Feb 2025	12 mo	Owner 3
1Tenant 1	1 Feb 2024	12 mo	Owner 3 · Registered twice
3Owner 3	25 Apr 2021	5.4 yrs	Current owner
2Owner 2	2 Mar 2021	2 mo
1Owner 1	25 Feb 2019	2.0 yrs

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1 Bed · G · Residences 16

Nightly rateAED

Occupancy (237 nights)

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Residences 162,244AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 44 - 2,712 sqft	121	1.99M	2,244	↑23.6%		115K	5.8%
Residential
1 Bed · Apartment 745 - 1,163 sqft	77
2 Bed · Apartment 1,289 - 2,091 sqft	9					-	-
3 Bed · Apartment 1,779 - 2,712 sqft	9					-	-
Commercial
Warehouse 44 - 136 sqft	26	-	-	-	-	-	-

Sales - Project-Wide168 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
15 Sep 2026	3 Bed	Residences 16 · Floor 3	1,779	3,250,000	1,827	+13.5%	Standard	Standard Sale
7 Sep 2026	1 Bed	Residences 16 · Floor 4	745	1,425,000	1,912	-19.9%	Standard	Standard Sale
9 Jun 2026	1 Bed	Residences 16 · Floor 5	745	2,020,000	2,710	+65.1%	Standard	Standard Sale

Rentals - Project-Wide140 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Sep 2026	1 Bed	Residences 16 · Floor G	1,019	88,000	86	-	Standard	CERTIFICATE
1 Sep 2026	3 Bed	Residences 16 · Floor G	2,712	230,000	85	-	Standard	CONTRACT
13 Aug 2026	1 Bed	Residences 16 · Floor 8	767	85,000	111	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Residences 16

Compared with

Wilton Park Residences 2

PIX© PSF

2,063

Rank

#24 of 57

#23 of 57

Typical price

1.96M

Yield

6.2%

Units

121

155

Sales

Rents

140

309

Developer

DUBAI HOLDING (L.L.C)

ELLINGTON PROPERTIES DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Residences 11 DUBAI HOLDING (L.L.C) · Completed	240					24	119
	One Park Avenue SOBHA REALTY · Completed	421					155	1,006
	Sobha Creek Vistas Reserve SOBHA REALTY · Completed	797					265	1,575
	Residences 15 DUBAI HOLDING (L.L.C) · Completed	121					45	159
	Wilton Park Residences 2 ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	155					99	309
24	Residences 16 DUBAI HOLDING (L.L.C) · Completed	121	2,063	Subject	1.96M	6.2%	41	140
	The Terraces North Side BOLTON REAL ESTATE DEVELOPMENT L.L.C - FZ · Completed	124					77	227
	Sobha Creek Vistas Grande SOBHA REALTY · Completed	404					23	438
	Residences 3 DUBAI HOLDING (L.L.C) · Completed	55					35	77
	Residences 12 DUBAI HOLDING (L.L.C) · Completed	315					55	195
	Wilton Park Residences ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	321					166	598

Community median 1,965 AED/sqft. Showing the closest-ranked peers of 57 ranked projects in the community. 16 community projects excluded for insufficient recorded sales. 55 excluded for trading only in the off-plan market. 3 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Mohammed Bin Rashid City

The closest-priced registered projects in Mohammed Bin Rashid City.

The Crest Tower AAED 2,236/sqft
Residences 21AED 2,228/sqft
Kensington WatersAED 2,261/sqft
Residences 23AED 2,266/sqft
Sobha Hartland WavesAED 2,217/sqft
Residences 5AED 2,207/sqft

Common questions about Residences 16

Answered from Dubai Land Department registered transactions.

How much does a property in Residences 16 cost?

Property in Residences 16 sells at a current PIX© price of AED 2,244 per sqft, or about AED 1,986,374 for a typical unit, based on 168 sales registered with the Dubai Land Department.

Is Residences 16 completed?

Yes. Residences 16 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Residences 16?

Residences 16 is developed by DUBAI HOLDING (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Residences 16?

Residences 16 yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 140 registered Ejari contracts.

How many units are in Residences 16?

Residences 16 holds 121 registered units, per the Dubai Land Department unit register.

Have prices in Residences 16 gone up or down?

Price per sqft has risen +23.6% over the last 12 months, to AED 2,244, across 168 registered sales.